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HomeMy WebLinkAbout0816 ~ _ 3262~3~ ~ ~ , ~~ly Not To o~ T~au~e~,~ p~op~y T~ That the UndeniRned. hereinatter called the "Borrowea", for and in coasideratloaof the sum of TEN DOLLARS (310.00) aad other good and valuable constderations unto them ia baad paid. the receipt whereof 4 hareby acknowledged, and fa we purpose of'taducing Fir9t National Bank FORT PIERCE. a Flodda bsnking oocporadoa, 6ereina~tsr called the "Aank", to grant credit unto theu~e~s igaed ' under a promissory aote ln the ptincipsl sum of y60- dated~anuary 23+ 1976 f uadersigned here- ~ by ~ointy and :everally oovenant, pcanise and sge~s as follovs. ~o-~it: 1. So bng u che note hereiaabave tefesred to, a aaypo~ioa thereof. a sny extensiot~ a reneMal tliereof. and ` alsoanyandallother indebtedaes~ofthe Bore~oMen. or eitdet of them, to uid Bank Mhether Joint or:everal. here• i tofae a hereafter iacuzred. of any aatute ahat:oever. shall remain unpaid. eit~er before or after the maturlty thereof the said 8orrowers aill do t6e folbMin things~ to•~rlt: (a) Pay promptly when due all fire aad ~ria~totm-iasuraneep~emiums. taxes~ aaessments, dues snd charge~ of every kind imposed a levied upon thelr real and personsl~opetty pria to the tiine when aay such sums shall beoome delinqueat ar in default; aad _ (b) Promptlypay Mhendue anyand aII sumt dae and oaing on any matgage or other eacumbrsnce oa the pcop- ertyhereinafter described sad wlll never suffer or permit any mottgage liea a encumbrance thereon to be- come delinquent or go into default~ 2. The BorroMen agree that they will not~ without fint procuring the oonsent in writiag of the :aid Banlc here- after create or permit aay llen a ocher eacumbrance to exist on thetrpcoperty. real arpe noaal, noM oMned or here- ; after acquired by them iacluding. but uot limited to. theproperty 6ereinafter desexibed. 3. The Botrowers agree that theyshall not have the privi eI ge. not will tttey sell. transfer, usig~. hypothecace. oc in sny maaner whatever. dispose of the property~ or any interest therein. owned by them. including specifically, but na limited to. the following real estate situate~ to-wit: (Description of Property) 2421-514-0019-000/3 Misik's RE-S/D of Maravilla Park, Blk 4, Lot 8 ~ .K - w long as any indebtedness or obligadon shall remain unpaid as hereinabove referred to in Paragraph 1, 4, If the Botrowen shalldefaultinanyofthe covenanu. promises. and agreemenu herein ooatained to be made, done. and performed by them, or if they shall attempt to uansfet, sell, hypothecate. dtspose of or encumber aay of che property of the Borrowen without fint procuring the coment in writing of the Bank therefor. then ia either or any of such eveau~ the Bank may. in addidon to any and all other righu w7iich t6e Bank may have. declare the eatire remaining unpaid prlncipal and interest of any such obllgations ar indebtednesses thea remaining unpaid oo the Bank. due and payable fotthwith and shall, as security forpa ymeat thereof. have a llen oa all of the property of the eor- rowers. both real and personal. including, but not Hmited to. the real estate hereinabove desctibed. which lien may " be enforced by faeclosure in the same manntr as a mortgage may be enforced for defaul~ IN WITNESS WHEREOF. the undenigned have 6ereunto set their hands and seals at Fort Pierce ~„j,ty of St. Lu~ie ~ State of Florida~ chi: 23rd day of January ~ 19 ?6 • Signed.sealed and d~ered in the presence of: , ~ . ~ ~ - ~ ~ ~ (SEAL) a e s M. F' eld ~ ~ ~ ~ ~ (SEAL) ~ Rosalie D. ~i~e~cl ~ STATE OF FLORID~t. Lucie COUNTY OF ~ i BEFORE ME~ a Nocary Publlc in and fa the Stace of Florida ac Large, personslly appeared ~-T~mes M_ ! Field and Rosalie D. Field. his wife known to me to be the rson(s) whose ~ names(s) is/are subscribed to the withia inswment and acknowledged te me that he exeeuted t~e same for the k purposes therein expressed. r ~ ~ ~ . WtTNESSat~y hand and official seal at Fort Pierce ~ Co~~y o}' St_ L.ucie ~ • ~ g~;~ df p~b~~'~;.~,~ 23rd ~ay af_ Januarv lg ?6 , ~ ~ ` , ~ i ~ ~5$A~) - (Notary Pub . Sta o Florid at l.arge) ~ ~ T~ r~ _ a, My Commisston Expfres Pub;ic Sta:e of Florida at Large ~ I _ ~ n~~_ ~ L~ y: My Cummission Exp+res Aug. , ~ `.''r'P . . .1~~1~ <<~~ - ~ `",-~-......r~ ~ Th~s iaatt4~ment was Ptepued by: Shirley J. McSwain 3 ~ ` ~ First National Bank of Fort Pierce ~ Addreu: post Office Box 970, Fort Pierce, Florida 33450 . ~ ~ ~ ~ - ~ ; ~ xU hEC011~EU. 1 ~ f A ~~~Na~s 5~.1.1?C?E. ~ e~E~ c?~~cu~i cou~ c ~ M~f~ af ~ r ~ aEC~RO YE~ , ~ IEO R~N~ ~ ~ 10 ~ 1~'?'~b ° ~r , ~ 1 fEe ~ 326~9 • ~ FttX ~ v ~ `~~v'~'°'~~~ _ Z ~~"~~"~-ra~ ~ ~ - . ' ~"_~-s-`~,. . . ~